INTC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0221%/8h= −24.2% APRnext payment −$0.28 per $10,000 · paid last 24h +0.010%

Price spread now: Arcus against Phoenix−0.041%49s7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$450.448% of the position

Long on Phoenix Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.052%−$5 on $10k

Price spread, last 4 days (all we have)−0.599%−$60 · spread now −0.041%, 7d avg −0.044%

Together, before fees−0.651%−$65 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.052% in total (about -5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix INTC	122.97	0.0261	pay 0.0033% / 1h	36m 34s	$47K	$265K	10x
Short	Arcus INTC-USD	122.92	0.0040	get 0.0005% / 1h	36m 34s	$93K	$308K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee ArcusbpOrdersPrice spread, now −0.041%Rate

Funding earned: −$46.42
Price spread: −0.041% → −0.044%: $0.36
Slippage, 4 orders: −$33.31
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$90.87
Costs to cover: 0.448%
Break-even: never at this rate

Slippage from Phoenix: live order book, 23 min ago; Arcus: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phoenix live order book, 23 min ago	3.27 bp	11.7 bp −$12	25.1 bp −$251	doesn't fit	doesn't fit
Sell Arcus live order book, 27 min ago	4.48 bp	11.1 bp −$11	12.2 bp −$122	doesn't fit	doesn't fit

INTC on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado INTC-PERP	−0.0114%	1h	122.93	−0.030%	$172K	$286K	10x	as long as short
Aster INTCUSDT	0.0000%	8h	122.95	−0.019%	$306K	$524K	20x	as long as short
Bybit INTCUSDT	0.0000%	8h	123.03	+0.049%	$13.3M	$28.3M	50x	as long as short
Gate INTC_USDT	0.0000%	8h	123.04	+0.057%	$8.6M	$30.2M	75x	as long as short
Bitget INTCUSDT	0.0000%	8h	123.10	+0.106%	$25.4M	$32.1M	50x	as long as short
Deribit INTC_USDC-PERPETUAL	0.0000%	1h	122.94	−0.024%	$21K	$107K	10x	as long as short
Phemex INTCUSDT	0.0000%	8h	123.07	+0.081%	$1.7M	$50K	10x	as long as short
Lighter RH INTC	+0.0032%	1h	123.03	+0.049%	$649K	$2.8M	10x	as long as short
OKX INTC-USDT-SWAP	+0.0032%	8h	123.04	+0.057%	$18.6M	$67.6M	25x	as long as short
Injective INTC/USDC PERP	+0.0033%	1h	121.34	−1.326%	$213	$22K	12x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT INTC_USDT_Perp	+0.0035%	8h	123.00	+0.021%	$921K	$1.4M	10x	as long as short
Arcus INTC-USDshort	+0.0040%	1h	122.92	−0.041%	$93K	$308K	10x
Aftermath Perps INTCUSD	+0.0041%	1h	122.87	−0.082%	$2K	$52K	10x	as long as short
Vest INTC-USD-PERP	+0.0046%	1h	122.94	−0.024%	—	$1.5M	25x	as long as short
SoDEX INTC-USD	+0.0050%	1h	123.03	+0.050%	$27K	$4K	10x	as long as short
Ondo Perps INTC-USD.P	+0.0050%	1h	122.95	−0.016%	$1.3M	$2.2M	10x	as long as short
QFEX INTC-USD	+0.0057%	1h	123.03	+0.049%	$1.6M	$12.7M	10x	as long as short
ApeX Omni INTCUSDT	+0.0100%	1h	123.07	+0.081%	$45K	$259K	50x	as long as short
Orderly PERP_INTC_USDC_mythos	+0.0100%	8h	123.00	+0.024%	$4K	$3K	10x	as long as short
Paradex INTC-USD-PERP	+0.0108%	8h	123.01	+0.032%	—	—	5x	as long as short
Variational Omni INTC	+0.0113%	8h	122.81	−0.129%	$2.1M	$2.5M	—	as long as short
Aevo INTC-PERP	+0.0120%	1h	123.02	+0.037%	$50K	—	10x	as long as short
Extended INTC_24_5-USD	+0.0152%	1h	123.03	+0.046%	$341K	$1.8M	10x	as long as short
Coinbase International INTC-PERP-INTX	+0.0152%	1h	122.57	−0.325%	$258K	$925K	10x	as long as short
Binance INTCUSDT	+0.0154%	8h	123.06	+0.073%	$72.5M	$400.0M	25x	as long as short
Polymarket Perps INTC-USD	+0.0162%	1h	123.00	+0.024%	$212K	$481K	10x	as long as short
KuCoin INTCUSDTM	+0.0177%	8h	122.98	+0.008%	$1.1M	$104K	20x	as long as short
Phoenix INTClong	+0.0261%	1h	122.97	long leg	$47K	$265K	10x
RISEx INTC/USDC	+0.0264%	1h	123.07	+0.083%	$347K	$381K	10x	as long as short
BloFin INTC-USDT	+0.0273%	8h	123.08	+0.089%	$921K	$305K	25x	as long as short
tradeXYZ xyz:INTC	+0.0281%	1h	123.03	+0.049%	$147.0M	$68.4M	10x	as long as short
Lighter INTC	+0.0368%	1h	123.08	+0.086%	$1.5M	$2.0M	10x	as long as short
edgeX INTCUSDC	+0.0650%	4h	122.81	−0.127%	$87K	$291K	10x	as long as short